Federal Reserve Chairman Jerome Powell said that the Fed is keeping a close eye on the possible fallout and impact of the coronavirus outbreak in China. Powell hasn’t made any claims yet as to what this means either in terms of possible liquidity injections or a rate cut. Let's examine that.
Tech Data (TECD.Q) subsidiary DLT Solutions helps hapless public sector deal with new tech, for a price
Government technology solutions aggregator, DLT Solutions, a subsidiary of Tech Data (TECD.Q), expanded their portfolio of technology options today. Adding these tech companies to their portfolio increases DLT’s ability to provide a wide range of solutions to the U.S. public sector, including endpoint protection, automation, application development and deployment, and secure electronic signatures.
In 2019, Shopify spent $1 billion to build fulfillment centers in the U.S., trying to compete with Amazon by deliver packages in less than 48 hours. This effort was described by Shopify CFO Amy Shapero as “energizing the flywheel.”
Due to the number of companies I have in mind for this one, I’ll dispense with the usual preamble, except to say, gold is looking constructive on the charts (note the accumulation/distribution line), as is the GDX and the GDXJ. All three are holding their ground, and many of the companies I follow in the junior exploration arena are catching a bid, or are trading firmer.